Why is J.G.Chemicals falling/rising?

As of 08-Jul, J.G.Chemicals Ltd is experiencing a rise in its stock price, currently at Rs 523.75, reflecting an increase of Rs 4.35 or 0.84%. The stock has shown strong performance recently, gaining 31.28% over the last four days and is currently 3.39% away from its 52-week high of Rs 541.5. Despite opening with a loss of 2% today and touching an intraday low of Rs 496.5, the stock has outperformed its sector by 1.42%. The company has demonstrated robust financial health, with net sales growing by 26.45% and profit after tax increasing by 38.65% over the last six months. Additionally, the stock's impressive one-year return of 105.92% significantly surpasses the market's performance, indicating strong investor confidence.
In the broader market context, J.G.Chemicals has outperformed the benchmark Sensex, which has only seen a marginal increase of 0.02% over the past week. The stock's liquidity is also favorable, with a notable increase in delivery volume, suggesting rising investor participation. However, there are concerns regarding the company's long-term growth potential, as net sales have only grown at an annual rate of 4.00% over the last five years, and domestic mutual funds hold no stake in the company, which may indicate a lack of confidence in its valuation. Overall, while the stock is currently rising due to strong short-term performance and positive financial results, the long-term growth outlook remains a point of caution.